Aave DAO Wins, But the Game Is Not Over Yet
Aave DAO has achieved a significant governance victory after months of community pressure, as Aave Labs has proposed transferring 100% of Aave-branded product revenue to the DAO treasury, committing to V4 as the future technical core, and establishing a foundation to hold brand IP. However, the proposal raises several concerns. The definition of "100% revenue" remains under Aave Labs' discretion, lacking independent audits or DAO-approved caps on deductions. The requested funding—$42.5M in stablecoins and 75K AAVE tokens—represents a large, concentrated allocation from the DAO treasury. Additionally, the proposal bundles multiple decisions (revenue sharing, V4 adoption, foundation creation, and funding) into a single vote, limiting granular community input. There are also concerns about governance influence, as the AAVE token transfer could shift voting power without full disclosure of existing holdings. While the direction is positive, the author recommends splitting the proposal, ensuring foundation independence, mandating wallet disclosures, and implementing independent revenue verification before any funds are transferred.
marsbit02/13 03:17